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Emirates Stallions Group Builds on Real Estate Success with Launch of Royal Development Holding

  • The new entity will consolidate ESG’s real estate development subsidiaries into one focused entity to drive future growth.
  • Launch to strengthen ESG’s ability to shape future-ready living spaces in line with evolving market needs and global design trends.

Abu Dhabi, UAE – 3 June 2025: Emirates Stallions Group (ADX: ESG), the leading conglomerate with operations spanning from Workforce Solutions, Real Estate Development, Design & Interiors Manufacturing to Agriculture & Landscaping, and a subsidiary of International Holding Company (ADX: IHC) announced today the launch of Royal Development Holding, a visionary boutique real estate developer aiming to evolve spaces and elevate lives.

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Ghitha Delivers Impressive 18% Revenue Growth, Surging to AED 2.45 billion in H1 2024

  • Revenue reachesAED 2.45 billion in H1 2024, an 18%growth compared to H1 2023
  • Gross Profit grows by 57% YoY with AED 176 million
  • EBITDAremains strong, representing ~ 10% of Revenue(Excl fair value changes in investment)
  • Total Assets increase to AED 9.4billion (+33% vs. Dec23)

Abu Dhabi, UAE -26July 2024:Ghitha Holding PJSC (ADX:Ghitha), the Abu Dhabi-headquartered conglomerate spanning Dairy, Poultry, Vegetable Oil, Seafood, Agriculture, Retail, and Distribution, and a subsidiary of International Holding Company (ADX: IHC), has reported a robust AED 2.45 billion in revenue for H1 2024, marking an impressive 18% year-over-year growth. This milestone underscores Ghitha’s unwavering commitment to strategic vision and operational excellence.

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